Market Overview:
The global phthalic anhydride market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth in the market can be attributed to the increasing demand for plasticizers, UPR, alkyd resins and others applications across the globe. Asia Pacific is expected to be the fastest growing region in terms of CAGR during the forecast period.
Product Definition:
Phthalic anhydride is a white crystalline solid used in the production of plastics, resins, and solvents. It is also used as a starting material for the synthesis of other chemicals.
O-xylene Catalytic Oxidation:
O-xylene is a colorless liquid that is mainly used as an intermediate in the production of other chemicals such as plasticizers, solvents, and adhesives. Owing to its chemical properties and low cost it has been used extensively over the past few years. The product finds application in various sectors including pharmaceuticals & medical sector for manufacturing drugs; automotive industry for manufacturing paints & coatings; food processing industry for producing flavors & fragrances among others.
Naphthalene Catalytic Oxidation:
Naphthalene is a chemical compound and an organic liquid. It has the formula C10H8. It is a white crystalline solid that readily gives off aromatic fumes when heated or exposed to air. Naphthalene can be produced by several methods but the most common one used today is via hydro- cracking of naphtha (a form of crude oil).
Application Insights:
The plasticizers segment dominated the global phthalic anhydride market in terms of revenue share in 2017. The application of phthalic anhydride as a plasticizer for polyvinyl chloride (PVC) and its copolymers is gaining significant popularity due to their low cost and high performance. PVC is used widely across applications such as electrical & electronics, construction, automotive & transportation, medical devices among others.
Global Phthalate Monomer (PTM) Market by Application (Plasticizers, UPR), And Region PTM was one of the most important olefins produced on a large scale during the early 2000s when it was realized that China would be able to meet nearly all demand from other countries with which it trades through exports from its manufacturing hubs located mainly in Guangzhou and Shanghai.
Regional Analysis:
Asia Pacific was the largest regional market in 2017 and accounted for a share of over 45%. The region is expected to continue its dominance over the forecast period. This can be attributed to increasing product demand from various end-use industries, such as automotive, construction, packaging and electrical & electronics.
The growth of end-use markets in Asia Pacific is also supported by low manufacturing cost in this region as compared to developed regions. Factors such as cheap labor costs, easy availability of raw materials are anticipated to increase the production activities across several industry verticals within Asia Pacific thereby driving product demand across this region during the forecast period.
In terms of volume, Europe was estimated at USD X billion followed by North America with a share of 24% respectively in 2017 owing to growing product consumption from key application sectors including plasticizers.
Growth Factors:
- Growing demand from end-use industries such as automotive, construction and packaging is expected to drive the growth of the phthalic anhydride market over the forecast period.
- Increasing use of phthalic anhydride in manufacturing polyester resins is also anticipated to fuel market growth.
- Stringent environmental regulations regarding VOC emissions are projected to create opportunities for phthalic anhydride manufacturers in the near future.
- Rising demand for engineering plastics owing to their properties such as high heat resistance and durability is likely to boost market growth over the next few years.
Scope Of The Report
Report Attributes
Report Details
Report Title
Phthalic Anhydride Market Research Report
By Type
O-xylene Catalytic Oxidation, Naphthalene Catalytic Oxidation
By Application
Plasticizers, UPR, Alkyd Resins, Others
By Companies
BASF, ExxonMobil, Aekyung, Thirumalai, Stepan, Koppers, UPC Group, Polynt, Proviron, Lanxess, BASF, Uralkhimprom, IG Petrochemicals, Nan Ya Plastics, Deza, Perstorp, Shenghe, Bluesail, Henan Qing'an Chemical, HongXin Company, Anhui Tongling Chemical, New Solar, Jiangsu Sanmu Group, Mitsubishi Gas Chemical
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
143
Number of Tables & Figures
101
Customization Available
Yes, the report can be customized as per your need.
Global Phthalic Anhydride Market Report Segments:
The global Phthalic Anhydride market is segmented on the basis of:
Types
O-xylene Catalytic Oxidation, Naphthalene Catalytic Oxidation
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Plasticizers, UPR, Alkyd Resins, Others
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- BASF
- ExxonMobil
- Aekyung
- Thirumalai
- Stepan
- Koppers
- UPC Group
- Polynt
- Proviron
- Lanxess
- BASF
- Uralkhimprom
- IG Petrochemicals
- Nan Ya Plastics
- Deza
- Perstorp
- Shenghe
- Bluesail
- Henan Qing'an Chemical
- HongXin Company
- Anhui Tongling Chemical
- New Solar
- Jiangsu Sanmu Group
- Mitsubishi Gas Chemical
Highlights of The Phthalic Anhydride Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- O-xylene Catalytic Oxidation
- Naphthalene Catalytic Oxidation
- By Application:
- Plasticizers
- UPR
- Alkyd Resins
- Others
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Phthalic Anhydride Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Phthalic anhydride is a colorless, volatile liquid that is used as a monomer in the production of plastic materials. It can also be used as a solvent and in the manufacture of pharmaceuticals and other chemicals.
Some of the major companies in the phthalic anhydride market are BASF, ExxonMobil, Aekyung, Thirumalai, Stepan, Koppers, UPC Group, Polynt, Proviron, Lanxess, BASF, Uralkhimprom, IG Petrochemicals, Nan Ya Plastics, Deza, Perstorp, Shenghe, Bluesail, Henan Qing'an Chemical, HongXin Company, Anhui Tongling Chemical, New Solar, Jiangsu Sanmu Group, Mitsubishi Gas Chemical.
The phthalic anhydride market is expected to register a CAGR of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Phthalic Anhydride Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Phthalic Anhydride Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Phthalic Anhydride Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Phthalic Anhydride Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Phthalic Anhydride Market Size & Forecast, 2018-2028
4.5.1 Phthalic Anhydride Market Size and Y-o-Y Growth
4.5.2 Phthalic Anhydride Market Absolute $ Opportunity
Chapter 5 Global Phthalic Anhydride Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Phthalic Anhydride Market Size Forecast by Type
5.2.1 O-xylene Catalytic Oxidation
5.2.2 Naphthalene Catalytic Oxidation
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Phthalic Anhydride Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Phthalic Anhydride Market Size Forecast by Applications
6.2.1 Plasticizers
6.2.2 UPR
6.2.3 Alkyd Resins
6.2.4 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Phthalic Anhydride Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Phthalic Anhydride Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Phthalic Anhydride Analysis and Forecast
9.1 Introduction
9.2 North America Phthalic Anhydride Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Phthalic Anhydride Market Size Forecast by Type
9.6.1 O-xylene Catalytic Oxidation
9.6.2 Naphthalene Catalytic Oxidation
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Phthalic Anhydride Market Size Forecast by Applications
9.10.1 Plasticizers
9.10.2 UPR
9.10.3 Alkyd Resins
9.10.4 Others
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Phthalic Anhydride Analysis and Forecast
10.1 Introduction
10.2 Europe Phthalic Anhydride Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Phthalic Anhydride Market Size Forecast by Type
10.6.1 O-xylene Catalytic Oxidation
10.6.2 Naphthalene Catalytic Oxidation
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Phthalic Anhydride Market Size Forecast by Applications
10.10.1 Plasticizers
10.10.2 UPR
10.10.3 Alkyd Resins
10.10.4 Others
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Phthalic Anhydride Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Phthalic Anhydride Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Phthalic Anhydride Market Size Forecast by Type
11.6.1 O-xylene Catalytic Oxidation
11.6.2 Naphthalene Catalytic Oxidation
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Phthalic Anhydride Market Size Forecast by Applications
11.10.1 Plasticizers
11.10.2 UPR
11.10.3 Alkyd Resins
11.10.4 Others
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Phthalic Anhydride Analysis and Forecast
12.1 Introduction
12.2 Latin America Phthalic Anhydride Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Phthalic Anhydride Market Size Forecast by Type
12.6.1 O-xylene Catalytic Oxidation
12.6.2 Naphthalene Catalytic Oxidation
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Phthalic Anhydride Market Size Forecast by Applications
12.10.1 Plasticizers
12.10.2 UPR
12.10.3 Alkyd Resins
12.10.4 Others
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Phthalic Anhydride Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Phthalic Anhydride Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Phthalic Anhydride Market Size Forecast by Type
13.6.1 O-xylene Catalytic Oxidation
13.6.2 Naphthalene Catalytic Oxidation
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Phthalic Anhydride Market Size Forecast by Applications
13.10.1 Plasticizers
13.10.2 UPR
13.10.3 Alkyd Resins
13.10.4 Others
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Phthalic Anhydride Market: Competitive Dashboard
14.2 Global Phthalic Anhydride Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 BASF
14.3.2 ExxonMobil
14.3.3 Aekyung
14.3.4 Thirumalai
14.3.5 Stepan
14.3.6 Koppers
14.3.7 UPC Group
14.3.8 Polynt
14.3.9 Proviron
14.3.10 Lanxess
14.3.11 BASF
14.3.12 Uralkhimprom
14.3.13 IG Petrochemicals
14.3.14 Nan Ya Plastics
14.3.15 Deza
14.3.16 Perstorp
14.3.17 Shenghe
14.3.18 Bluesail
14.3.19 Henan Qing'an Chemical
14.3.20 HongXin Company
14.3.21 Anhui Tongling Chemical
14.3.22 New Solar
14.3.23 Jiangsu Sanmu Group
14.3.24 Mitsubishi Gas Chemical
